Posted on 01/14/2002 7:12:17 AM PST by an amused spectator
Does anyone believe that it is a coincidence that Enron imploded so quickly after George W. Bush secured the White House? For the eight long years of the Clinton administration, the Enron tumor metastatized.
Everyone knew what the rules were under Clinton. Pay the Man, and the executive branch would look the other way. Pay the Man enough, and he would use the executive branch to "help" your business endeavors.
Don't pay him at all? Well, everyone knew what happened to that computer dweeb, Gates, who thought he was somehow above it all. Clinton's "Justice" Department made sure EVERYONE got the message there.
Had Al Gore been elected, it would have been "business as usual" for companies like Enron. The Democrat machinery for collecting protection money with the executive branch would have stayed in place, relatively undisturbed.
Instead, calls that formerly elicited personal attention from the Clinton White House chief of staff brought nothing but bewilderment. "They won't pull any strings for us?!? What's wrong with these Bushies? Are they honest, or something?"
The desperate Enron people may have even prevailed on one of their former Clinton Cabinet "employees" to suggest an improper course of action to a straight Bushie. The Clintonite ran into a wall: "Fisher responded he didn't think it advisable to make such a call."
Some further pondering on the Enron situation leads to another thought:
The media is still trying to cause trouble.
I think that there is far more to it that this.
Just how much would it take to convince A Big Six Firm to commit fraud?
Their fees were over 50 million,
so it was alot more than that.
No, this company was looted. In a big way.
watch the papers for the news that the federal government is stepping in to help those poor investors who lost it all....
Just like the looting of the S&L's back in the eighties...
Wasn't there a bush involved then too? or am I mistaken?
Still an interesting theory though, thanks
If we really care about this country we need to see all this for what it is: greed is out of control!
Granted, the Clinton crowd was blatant about it. But the Repubs are just as culpable when it comes to being bought. The money in politics is out of control.
I don't want to see the problem solved at the expense of the Repubs, but it is a problem that must be addressed.
We have to begin viewing, and rewriting, the articles put out by the Democrat media through this lens. Otherwise, we'll end up with a situation like 1995, where 'the Republicans shut down the government', a lie perpetrated by the Democrat media, and unchallenged by conservatives.
The system sucks and I'm not going to accept it just because our guys are in contol.
Quote from the Wall Street Journal: Rather, the ultimate lesson may turn out to be that Enron was able to play fast and loose in a financial boom and Cintonian moral climate....
Precisely! Dow Jones' performance saved Bubber. The Dow Jones was the ONLY reason why Bubber was able to fake it and remain in the White House for eight years. People (including Enron employees and the media) were getting filthy rich; they did not care HOW crooked and perverted and dishonest the liar (Bubber) was.
The Dow gained almost 8,000 points while Bubber "played" the country. He and Rubin propped up companies AND even countries, which actions have now culminated into a disaster with other disasters soon to follow.
The regulating agencies must have been bought off, as they ignored the day-to-day fraudulence being practiced in the Wall Street casinos
Exactly what I've always believed. It's much better to vote for the wealthier of the candidates. I've noticed this for years. Then they're not trying to line their own pockets at our expense.
Amazing...Methinks perhaps the title of FR's An Amused Spectator's thread here tells a story that carrys the real meat of the truth about the Enron debacle. And to read this short quote from the WSJ that you included in your post is really something. Ah truth emerges.
Kenneth Lay’s new lawyer: “No, sir, it’s 10b5, sir, Rule 10b5. It’s a securities rule.”
Kenneth Lay (Texas Bidniss wizard): “Ten be five? Yew sayin me and my boys is goin to prison cuz we dint know dat ten be five?”
Kenneth Lay’s new lawyer: “Yes, sir, I’m afraid that’s correct, sir.”
My take: This Enron mess is just a sneaky way to get more Federal funds for Texas schools.
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